The new induced pluripotent porcine stem cell line (iPS)
enables the company to continue diversifying its species portfolio
and accelerate its market readiness for cultured pork production
REHOVOT, Israel, Aug. 23,
2022 /PRNewswire/ -- Steakholder Foods Ltd. (Nasdaq:
STKH) (formerly MeaTech 3D: $MITC), an international deep-tech food
company at the forefront of the cultured meat industry, is pleased
to announce that it will begin developing cultured pork products
from a new line of iPS porcine cells.
The new stem cell line was derived from sampled cells that were
reprogrammed back into an embryonic-like pluripotent state. This
enables one cell bank to become an unlimited and highly scalable
source for developing any type of muscle or fat cells for cultured
meat production.
Steakholder Foods has partnered with a leading iPS cell line
provider in order to shorten its development timeline for
structured pork products, such as bacon, pork chops and ham.
Through a unique process of cell cultivation and 3D bioprinting,
the company expects to achieve the taste, texture and mouthfeel of
conventional pork.
Steakholder Foods' proprietary 3D-bioprinting technology can
produce structured meat with any muscle-to-fat ratio at an
industrial rate of production and with pinpoint precision based on
any desired shape, width or design.
Steakholder Foods will also produce ground pork products and
pork biomass as an ingredient for hybrid food products, such as
meatballs.
Steakholder Foods' venture into cultured pork adds to the
company's already diverse product development activities which
include cultured beef, chicken, fish, and seafood.
Arik Kaufman, Steakholder
Foods' Chief Executive Officer & Founder: "We are
very excited to be adding porcine to our portfolio of species. Pork
has tremendous market potential being that it is widely recognized
as the most popular meat in the world."
About Steakholder Foods
Steakholder Foods Ltd., formerly MeaTech 3D Ltd., is an
international deep-tech food company at the forefront of the
cultured meat revolution. The company initiated activities in 2019
and is listed on the Nasdaq Capital Market under the ticker "STKH"
(formally MITC). Steakholder Foods maintains facilities in Rehovot,
Israel and Antwerp, Belgium and is in the process of
expanding activities to the US.
The company is developing a slaughter-free solution for
producing a variety of beef, chicken, pork, and seafood products —
both as raw materials and whole cuts — as an alternative to
industrialized farming and fishing. With its membership in the UN
Global Compact, Steakholder Foods is committed to act in support of
issues embodied in the United Nations Sustainable Development Goals
(SDGs) which include strengthening food security, decreasing carbon
footprint, and conserving water and land resources.
For more information, please visit:
https://steakholderfoods.com
Forward-Looking Statements
This press release contains forward-looking statements
concerning Steakholder Foods' business, operations and financial
performance and condition as well as plans, objectives, and
expectations for Steakholder Foods' business operations and
financial performance and condition. Any statements that are not
historical facts may be deemed to be forward-looking statements.
Forward-looking statements reflect Steakholder Foods' current views
with respect to future events and are based on assumptions and
subject to known and unknown risks and uncertainties, which change
over time, and other factors that may cause Steakholder Foods'
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements.
Forward-looking statements include, without limitation, any
statement that may predict, forecast, indicate or imply future
results, performance or achievements, and are typically identified
with words such as "may," "could," "should," "will," "would,"
"believe," "anticipate," "estimate," "expect," "aim," "intend,"
"plan" or words or phases of similar meaning and include, without
limitation, Steakholder Foods' expectations regarding the success
of its cultured meat manufacturing technologies it is developing,
which will require significant additional work before Steakholder
Foods can potentially launch commercial sales; Steakholder Foods'
research and development activities associated with technologies
for cultured meat manufacturing, including three-dimensional meat
production, which involves a lengthy and complex process;
Steakholder Foods' ability to obtain and enforce its intellectual
property rights and to operate its business without infringing,
misappropriating, or otherwise violating the intellectual property
rights and proprietary technology of third parties; and other risks
and uncertainties, including those identified in Steakholder Foods'
Annual Report on Form 20-F for the fiscal year ended December 31, 2021, filed with the Securities and
Exchange Commission on March 24,
2022. New risks and uncertainties may emerge from time to
time, and it is not possible for Steakholder Foods to predict their
occurrence or how they will affect Steakholder Foods. If one or
more of the factors affecting Steakholder Foods' forward-looking
information and statements proves incorrect, then Steakholder
Foods' actual results, performance or achievements could differ
materially from those expressed in, or implied by, forward-looking
information and statements contained in this press release.
Therefore, Steakholder Foods cautions you not to place undue
reliance on its forward-looking information and statements.
Steakholder Foods disclaims any duty to revise or update the
forward-looking statements, whether written or oral, to reflect
actual results or changes in the factors affecting the
forward-looking statements, except as specifically required by
law.
Press Contact:
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Investor Relations
Contacts:
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Maissa Dauriac
Rainier Communications
mdauriac@rainierco.com
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Joseph
Green
Edison Group
jgreen@edisongroup.com
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Ehud Helft
Edison Israel
ehelft@edisongroup.com
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SOURCE Steakholder™ Foods Ltd.